Binkley Megan 4
4 · Root, Inc. · Filed Apr 3, 2025
Insider Transaction Report
Form 4
Root, Inc.ROOT
Binkley Megan
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2025-04-01$128.60/sh−8,174$1,051,176→ 61,465 total - Tax Payment
Class A Common Stock
2025-04-01$128.60/sh−1,444$185,698→ 63,205 total - Exercise/Conversion
Class A Common Stock
2025-04-01+3,184→ 64,649 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2025-04-01−3,184→ 11,146 totalExp: 2028-04-01→ Class A Common Stock (3,184 underlying)
Footnotes (2)
- [F1]These shares of common stock were withheld by the Issuer to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- [F2]Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of ROOT Class A common stock. The PSUs vest in tranches of 1,592 on April 1, 2024; 3,184 on April 1, 2025; 4,777 on April 1, 2026; and 6,369 on April 1, 2026 and upon ROOT Class A common stock achieving a specified average closing price per share over 45 consecutive trading days on or after such dates. Per share price achievement levels for the four tranches are: $16.76; $25.14; $33.52; and $41.90.